(Kitco News) -Gold and silver prices are solidly higher in early U.S. trading Wednesday. Goldprices have scored a 4.5-month high. A sharply lower U.S. dollar index thatslumped to a 3.5-year low today is providing the precious metals bulls withsome rocket fuel. February Comex gold was last up $15.50 an ounce at $1,352.20.March Comex silver was last up $0.382 at $17.29 an ounce.Helpingto sink the U....Read More
David Cornell, Fund Manager of India Capital Growth Fund (LON:IGC), spoke to Proactive's Andrew Scott as they made the move off AIM and began trading on London's Main Market.Cornell says it comes after a year of strong performance for them with the company's NAV increasing 42.3% to ?142.9mln. Meet Netscientific PLC, discoverIE Group plc, Itaconix Plc and Realm Therapeutics plc at our event,...Read More
StandardChartered sees potential for interest in gold as an inflation hedge to pick upagain. “Rising inflation expectations as a driver of gold prices have providedlittle motivation for investors to buy gold over the past year,” analysts say.This has occurred since inflation has not materialized despite quantitativeeasing in key developed nations. “The relationship between gold a...Read More
Standard Chartered sees potential for interest in gold as an inflation hedge to pick up again. “Rising inflation expectations as a driver of gold prices have provided little motivation for investors to buy gold over the past year,” analysts say. This has occurred since inflation has not materialized despite quantitative easing in key developed nations. “The relationship between g...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
By Adam Clark Fresnillo PLC (FRES.LN) said Wednesday that its fourth-quarter silver production rose 20% against the prior year, citing the start-up of phase-two operations at its San Julian mine in Mexico. The U.K.-listed miner said it produced 16 million ounces of silver in the final quarter of 2017. Silver production rose 11% from the previous quarter as San Julian operated at full capacity, whi...Read More
The market seems to only go up now. The year 2017 is only the second on record since 1929 that the maximum drawdown on the S&P 500 Index (SPX) was less than 3%. Thinking about that, if you had bought and then sold at the worst possible times last year,you would have lost a measly 2.8%. Stocks don't look to be slowing down, either. The S&P 500 is already up 6% this year, but can this continue? This...Read More
For the first time since December 2014, the Dollar Index has tumbled below 90.00 tonight as the greenback-bloodbath continues in early Asian FX trading...amid US trade policy concerns.Read full newsRead More
VANCOUVER, BC--(Marketwired - January 24, 2018) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce that Mr. Stephen Sorensen, a long-time UEX shareholder and the Company's founding and former President and CEO, has exercised warrants to become UEX's third largest shareholder. UEX also announces that a large institutional shareholder has also exercised warrants for UEX com...Read More
Commodity prices are at lows only previously seen in the early 1970s, and at the peak of the dotcom bubble in the late 1990s. Commodity markets staged huge rallies after both these lows.Read full newsRead More
Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More
Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More
Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More
Pope Francis visited Peru's famous Madre de Dios region on Friday. While many hoped he would address the region's rampant illegal gold mining, others are wary of the papal message.Read full newsRead More
The Toronto-based miner wants to buy the Gold Shear property, southwest of Cranbrook, British Columbia.Read full newsRead More
It might be time to renovate your portfolio with this dividend-growth home-improvement juggernaut.Read full newsRead More
By Mohammed Aminu in Sokoto The Minister of Science and Technology, Dr. Ogbonnaya Onu, Tuesday said the leather industry is the nation's next gold mine and holds the key to industrial growth,...Read full newsRead More
Liongold Corp Ltd:Read full newsRead More
Commodities Analysis by The Gold Reportcovering: XAU/USD, Gold Futures, Copper Futures, Anaconda Mining Inc. Read The Gold Report 's latest article on Investing.comRead full newsRead More